latest news releases from the newsroom
MB Tech, Inc.
MB Tech to Begin Shipping Product to Japan in October 2003
LOS ANGELES, Sept. 30, 2003 (PRIMEZONE) -- MB Tech, Inc. (OTCBB:MBTT), a global manufacturer and distributor of satellite electronics, today announced that the Company will initiate monthly shipments of 3,000 sets of antenna and Low Noise Blockdown converters (LNBs) to Japan beginning in October 2003 in fulfillment of a revolving purchase order received from Eastech, a leading distributor of satellite electronics and components to the commercial and consumer electronics markets in Japan.
Knightsbridge Tankers Limited
Knightsbridge Tankers Limited Announces Preliminary Results of Shareholder Vote to Continue the Company in Business
HAMILTON, Bermuda, Sept. 30, 2003 (PRIMEZONE) -- Knightsbridge Tankers Limited (Nasdaq:VLCCF) (the "Company") today announced that based on preliminary results from its special shareholders meeting this morning, the Company's shareholders have voted by an overwhelming majority to continue the Company in business. The alternative had been to sell the Company's five large crude carriers (VLCCs) on the scheduled expiration of their charters with Shell International Petroleum Company Limited in the first quarter of 2004. Following consideration of the first proposal, the meeting has been adjourned to a time, date and place to be announced by press release pending receipt of the official vote on proposal 1.